Logistics News

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For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
 

BusinessGovernmentLogistics

Port of L.A. Sets New Cargo Record, Long Beach Lags Due to Hanjin Bankruptcy

Containerized cargo volume at the nation’s top two largest ports was mixed in November as Los Angeles continues to experience a record-breaking year and Long Beach suffers from the bankruptcy of the Hanjin Shipping Co.

December 14, 2016
BusinessLogistics

Analysis: Maersk Faces Rough Waters From Spare Capacity and Trump

For many folks, 2016 has been a year to forget, and the shipping industry is no exception. But looking ahead, A.P. Moller-Maersk A/S is determined to put a positive spin on things — maybe too positive.

December 13, 2016
BusinessLogistics

Small-Business Optimism Surges in November After US Election

Confidence among U.S. small businesses surged in November by the most since the spring of 2009 as companies grew decidedly upbeat about sales and economic prospects after the presidential election, a report from the National Federation of Independent Business showed Dec. 13.

December 13, 2016
BusinessLogistics

Swift Reports Mixed Fourth-Quarter, But Bright Outlook for 2017

Swift Transportation reported that the fourth quarter has been mixed so far, although there have been gains in volume versus late 2015 in the truckload and dedicated units. But the company is confident about 2017 being a favorable year, executives said Dec. 9 on a conference call for investors.

December 12, 2016
BusinessLogistics

Logistics Plus Acquires Intermodal Software Service

Logistics Plus Inc., based in Erie, Pennsylvania, has acquired Door Logistics, a software service that automates intermodal shipping functions, from SynchroNet Intermodal Services in Virginia Beach, Virginia.

December 7, 2016
BusinessLogistics

Wal-Mart to Invest Over $1 Billion on Logistics in Mexico

Wal-Mart de Mexico SAB, Latin America’s biggest retailer, will spend more than $1 billion to improve its logistics operations, a person with direct knowledge of the plan said.

December 7, 2016
GovernmentBusinessLogistics

NTSB Rules Crew Was Likely Asleep During Fatal Arkansas Freight Train Crash

WASHINGTON — A fatal collision of two Union Pacific freight trains in Arkansas resulted from a fatigued engineer and conductor who were both likely asleep aboard one of the trains, federal investigators ruled Dec. 6.    

December 6, 2016
BusinessLogistics

Teamsters Question Proposed New Stock Compensation Cap at XPO Logistics

The International Brotherhood of Teamsters is concerned about a proposed change at XPO Logistics that would increase the maximum number of shares it can issue as compensation 400%, from 500,000 shares to 2.5 million, the union wrote in a Dec. 1 letter to the company’s board of directors.

December 5, 2016
BusinessLogistics

Transport, Logistics Firms Use Workplace as Training Ground for Future Leaders

The skills needed to run a successful transportation company today are quite different from what was required in the past, and that has many firms turning to workplace training and education partnerships to find the right people to help them flourish in a fast-changing business environment.

December 5, 2016
BusinessLogistics

Sinking Shipping Industry Eyeing Mergers to Stay Afloat

The global shipping industry is in the midst of a huge downturn, with weak demand engulfing it for the past few years. Experts acknowledge that the sector’s biggest hurdle is overcapacity, but the wave of mergers and acquisitions means the hard times will pass eventually.

December 2, 2016